U.S. Companies eye expanding footprint in Pakistan’s key sectors

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MG News | August 15, 2025 at 04:20 PM GMT+05:00

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August 15, 2025 (MLN): U.S. companies are showing strong interest in Pakistan’s investment and entrepreneurial landscape, particularly in supply chain, production, project management, energy, critical minerals, mining, and oil exploration.

The interest was highlighted by U.S. Chargé d’Affaires Natalie Baker during her meeting with Finance Minister Senator Muhammad Aurangzeb on Friday.

Both sides reaffirmed their commitment to advance these opportunities, aiming for mutually beneficial outcomes and a stronger trade and economic partnership.

According to a statement issued by the Ministry of Finance, Aurangzeb said Pakistan’s economy had “turned a corner,” pointing to Moody’s recent rating upgrade, which now aligns all three major international rating agencies, as proof that the government’s tough and necessary reforms are paying off.

He underscored Pakistan’s bold tariff reforms aimed at liberalizing trade and steering the economy toward export-led growth. 

The Minister thanked the U.S. for its continued economic and development support and recalled his recent visit to Washington, D.C., where he held constructive engagements with U.S. Secretary of Commerce Howard Lutnick and U.S. 

Trade Representative Ambassador Jamieson Greer to finalize a bilateral trade agreement, according to the press release issued.

Aurangzeb stressed that the deal would mark a new era of economic collaboration, particularly in energy, mines and minerals, IT, cryptocurrency, and other sectors, while expanding market access, attracting fresh capital, and fostering cooperation in shared priority areas. 

He expressed hope that the agreement would boost U.S. investment in Pakistan’s infrastructure, development projects, and digital and mining sectors, which are ready for tangible progress.

Baker noted that the proposed trade agreement offers a significant opportunity for both countries to enhance bilateral trade. 

She said American companies are increasingly exploring Pakistan’s potential in supply chain, production, energy, mining, and oil exploration, reflecting confidence in the country’s growth prospects.

Both sides reiterated their resolve to work closely together to translate these opportunities into actionable initiatives, ensuring concrete results for both economies.

Copyright Mettis Link News

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